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 Opinion on BBT Klang

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dreamer101
post Oct 7 2007, 03:31 AM

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QUOTE(Jordy @ Oct 7 2007, 02:46 AM)
Hi guys, anyone familiar with properties in Klang..?
What you guys think of the property prices in Bandar Bukit Tinggi, or its adjacent areas (Taman Chi Liung, Bayu Perdana and Botanic), as well as their potential growth..?
Since more and more big names are opening up there (Jusco and Fitness First, existing Giant and Tesco), would it still be a good buy there..?
Most of the link houses there I heard are in the region of RM250k-RM400k by market value..
I would like to hear your opinion..
Please provide constructive replies only.. smile.gif
*
Buy for what??

A) To live??

B) To rent out?

C) "Buy and pray" -> Hopefully can make money from appreciation?

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dreamer101
post Oct 7 2007, 07:53 AM

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QUOTE(Jordy @ Oct 7 2007, 07:41 AM)
Purely for investment purpose..
Hoping to get a good capital appreciation from there..?
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Jordy,

1) BBT has a lot of lands and there are a lot of houses that can be built over the next 20 years. So, supply is high and can remain high.

2) At 250K to 400K, I think it is fair price. So, I doubt the price can go up a lot since there are plenty supply of houses.

Dreamer

dreamer101
post Oct 7 2007, 08:42 AM

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QUOTE(Jordy @ Oct 7 2007, 08:14 AM)
Oh..?
I didn't notice that the quantity of land available there..
Good observation.. smile.gif
So lets say if a college or more shooping malls were to be built there, the price wouldn't appreciate much..?
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Jordy,

That area extend from Langat road all the way to the Port Klang road. As far as I know, most of the residents in BBT are from Pandamaran new village aka local. There are consistent demand for people moving from wooden houses to new brick houses. But, I doubt the price could appreciate much.

To increase demand, you need jobs and people migrating from elsewhere. Where are the new factories?? Panasonic is closing the factory in Teluk Panglima Garang after 20 years. The new HUGE steel factory is in Banting.

House price in North Klang is stagnant or decreasing over the past few years. Setia Alam's price is not increasing that much. BBT is doing okay in that regard. Bandar Botanic is in bad shape.

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dreamer101
post Oct 7 2007, 11:21 PM

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QUOTE(Jordy @ Oct 7 2007, 11:12 PM)
Cheers dreamer for your very helpful insights..
They're very constructive indeed..
Mind if I ask are you local of Klang..?
Seems like you know a lot of Klang.. smile.gif
Omg, didn't know it was that bad..
Thanks for the website.. smile.gif
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My family goes back to 100+ years in Klang.

Most old timers in Klang came from the same area in Hokkien province of China. They were neighbors in China for hundred of years up. Thank goodness that I did not have my wedding in Klang. At the minimum, I probably had to invite 500 families and up 100 tables for wedding banquet.

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This post has been edited by dreamer101: Oct 7 2007, 11:25 PM
dreamer101
post Nov 8 2007, 11:39 AM

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QUOTE(soitsuagain @ Nov 8 2007, 09:33 AM)
I think it will be good. Klang residents have been denied this outlets for a long time. With fuel price increase, they won't have to cross tolls to go anywhere to good to find good restaurants or a mall to chill out.
*
Have you ever been to Klang at all?? There is a Jaya Jusco in North Klang for many many years.

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